Schedules of Mortgage Loans definition

Schedules of Mortgage Loans. The Schedules of Mortgage Loans required to be delivered pursuant to the related Advanta Pooling Agreement.
Schedules of Mortgage Loans. The Schedules of Mortgage Loans, attached hereto as Schedule I. Such Schedules shall also contain one of the following codes for each Mortgage Loan: "B" if such Mortgage Loan is a Bulk Acquisition Loan, "C" if such Mortgage Loan is an Unaffiliated Originator Loan or "A" for all other Mortgage Loans. The information contained on each Mortgage Loan Schedule shall be delivered to the Trustee on a computer readable magnetic tape or disk.
Schedules of Mortgage Loans. The Schedules of Mortgage Loans, separated by Mortgage Loan Group, with respect to the Mortgage Loans listing each Initial Mortgage Loan in the related Group to be conveyed on the Startup Day and with respect to Subsequent Mortgage Loans listing each Subsequent Mortgage Loan conveyed to the Trust for inclusion in Group I or Group II as of each Subsequent Transfer Date in accordance with Sections 3.5(a) and 3.8 hereof. Such Schedules of Mortgage Loans shall identify each Mortgage Loan by the Servicer's loan number and address (including the state) of the Property and shall set forth as to each Mortgage Loan the lien status, the Combined Loan-to-Value Ratio, the Loan Balance as of the Cut-Off Date or Subsequent Cut-Off Date, as the case may be, the Coupon Rate thereof (or, with respect to Mortgage Loans in Group II, the index, the margin) the current scheduled monthly payment of principal and interest and the maturity of the related Note, the property type, occupancy status, Appraised Value and the Originator of the Mortgage Loan, all as delivered to the Trustee in physical and computer readable form and delivered to the Certificate Insurer in physical form.

Examples of Schedules of Mortgage Loans in a sentence

  • The transfer by the Company of the Initial Mortgage Loans and the Subsequent Mortgage Loans set forth on the Schedules of Mortgage Loans is absolute and is intended by the Owners and all parties hereto to be treated as a sale by the Company.

  • The transfer by the Seller of the Initial Mortgage Loans set forth on the Schedules of Mortgage Loans and the Subsequent Mortgage Loans is absolute and is intended by the Owners and all parties hereto to be treated as a sale by the Seller.

  • The transfer by the Depositor of the Mortgage Loans set forth on the Schedules of Mortgage Loans to the Trustee on behalf of the Trust is absolute and is intended by the Owners and all parties hereto to be treated as a sale by the Depositor.

  • The transfer by the Depositor of the Mortgage Loans set forth on the Schedules of Mortgage Loans to the Trustee is absolute and is intended by the Owners and all parties hereto to be treated as a sale by the Depositor.

  • The transfer of the Mortgage Loans set forth on the Schedules of Mortgage Loans to the Trustee is absolute and is intended by the Owners and all parties hereto to be treated as a sale.


More Definitions of Schedules of Mortgage Loans

Schedules of Mortgage Loans. The Schedules of Mortgage Loans, attached hereto as Schedule I as they may be further supplemented in connection with Subsequent Transfers. Such Schedules shall also contain one of the following codes for each Mortgage Loan or Subsequent Mortgage Loan: "C" if such Mortgage Loan is an Unaffiliated Originator Loan or "A" for all other Mortgage Loans. The information contained on each Mortgage Loan Schedule shall be delivered to the Indenture Trustee on a computer readable magnetic tape or disk.
Schedules of Mortgage Loans. The schedules of Mortgage Loans attached hereto as Schedule I-A and Schedule I-B, separated by Mortgage Loan Group listing each Mortgage Loan in the related Mortgage Loan Group to be conveyed on the Startup Day. Such Schedules of Mortgage Loans shall set forth as to each Mortgage Loan (i) the Master Servicer's loan number, (ii) the Mortgagor's name and address (including the state) of the Mortgaged Property, (iii) the lien priority thereof, (iv) the combined Loan-to-Value Ratio at origination, (v) the Loan Balance as of the Cut-Off Date or Replacement Cut-Off Date, (vi) the Mortgage Rate thereof (and, with respect to the Mortgage Loans in the Adjustable Rate Group, the margin and the applicable index), (vii) the current Scheduled Payment, (viii) the maturity of the related Note, (ix) the property type, (x) occupancy status, (xi) Appraised Value and (xii) original term-to-maturity.
Schedules of Mortgage Loans. The schedules of Mortgage Loans attached hereto as Schedule I-A and Schedule I-B, separated by Mortgage Loan Group listing each Mortgage Loan in the related Mortgage Loan Group to be conveyed on the Startup Day. Such Schedules of
Schedules of Mortgage Loans. The schedules of Mortgage Loans, separated by Mortgage Loan Group listing each Mortgage Loan in the related Mortgage Loan Group to be conveyed on the Startup
Schedules of Mortgage Loans. The schedules of Mortgage Loans, separated by Mortgage Loan Group listing each Mortgage Loan in the related Mortgage Loan Group to be conveyed on the Startup Day. Such Schedules of Mortgage Loans shall set forth as to each Mortgage Loan (i) the Master Servicer's loan number, (ii) the Mortgagor's name and address (including the state) of the Mortgaged Property, (iii) the lien status thereof, (iv) the Loan-to-Value Ratio at origination, (v) the Loan Balance as of the Cut-Off Date or Replacement Cut-Off Date, (vi) the Mortgage Rate thereof (and with respect to the Mortgage Loans in the Adjustable Rate Group the margin), (vii) the current scheduled monthly payment of principal and interest, (viii) the maturity of the related Note, (ix) the property type, (x) occupancy status, (xi) Appraised Value, (xii) original term-to-maturity and (xiii) whether such Mortgage Loan is a Simple Interest Loan or an Actuarial Loan.
Schedules of Mortgage Loans means the schedule of Mortgage Loans sold and transferred pursuant to this Agreement which is attached hereto as Schedule A.
Schedules of Mortgage Loans. The Schedules of Mortgage Loans, attached hereto as Schedule I listing each Mortgage Loan, setting forth the following information with respect to each Mortgage Loan: (1) the Mortgagor's name, (2) the street address of the Property, (3) the town or city in which the Property is located, (4) the Loan Balance as of the Cut-Off Date, (5) the loan number, (6) the original principal amount, (7) the original interest rate, (8) the first date on which a monthly payment is due under the Note, (9) the original stated term-to-maturity of the Note, (10) the state in which the Property is located, (11) the zip code of the Property, (12) the Combined Loan-to-Value Ratio, (13) whether the Property is owner-occupied or non owner-occupied, (14) whether the Property is a single family residence, two-to four-family residence or a condominium, (15) if such Mortgage Loan is a Balloon Loan, the amortization terms (e.g., 30 due in 15) and (16) whether such Mortgage Loan is subject to Section 32 of the Home Ownership and Equity Protection Act of 1994. The information contained on each Mortgage Loan Schedule shall be delivered to the Trustee on a computer readable magnetic tape or disk.